Voitsekhivska S. The influence of the shadow economy on the financial security of the state

Українська версія

Thesis for the degree of Doctor of Philosophy (PhD)

State registration number

0824U002450

Applicant for

Specialization

  • 072 - Фінанси, банківська справа, страхування та фондовий ринок

17-08-2024

Specialized Academic Board

РСВР 098

National University of Life and Environmental Sciences of Ukraine

Essay

The place and role of financial security in the system of national and economic security of the country is outlined, the ambiguity of the interpretation of this concept is established, and it is proposed to single out the meso-level to which, in our opinion, the financial security of regions, industries and sectors of the economy should be attributed, which will allow for a deeper and more systematic analysis. A consistent and thorough analysis of the main indicators of the financial security of the state and their threshold values was carried out, the relationship between the concepts of risk, threats and dangers in the context of ensuring the financial security of the state was outlined, which made it possible to identify existing threats to national financial security. A thorough analysis of scientific approaches to the interpretation of the essence of the "shadow economy" was carried out, its structure as a component of state security was outlined, classification groups were determined according to various features, the close relationship of the shadow economy sector with the financial security of the state was revealed, it was established that shadow economic activity has a destabilizing and destructive impact on the level of financial security of the country. The author's approach to the interpretation of the concept of "shadow economy" has been formed. The existing classification of the shadow sector of the economy has been expanded on the basis of the permanence of implementation. It was revealed that the existing methodological approaches to assessing the influence of the shadow economy on the financial security of the state at the domestic and international levels have significant differences. An analytical assessment of the main threats and challenges for today's financial security has been carried out. The state of the main components of the state's financial security and their indicators is analyzed. An assessment of the impact of the shadowing of the economy of Ukraine on the financial security of the state was carried out using four methods, such as: the method of "population expenditure – retail turnover", the monetary method, the electrical method and the loss-making method of enterprises. The interdependence of the level of the population's quality of life and the level of the shadow economy, calculated by various methods by building a correlationregression model and a graphic representation of the systemic nature of such a relationship, is proven. A study of the interdependence of the level of the shadow economy, calculated by various methods, and the integral indicator of the state's financial security was carried out. A correlational analysis of the influence of the level of the shadow economy, calculated by various methods, on the indicators of the financial security of the state was carried out. A study of the systemic interrelationships of financial security with other constituent elements of economic security was carried out using the construction of a correlation-regression model and it was proved that a 94% change in the value of the integral indicator of the level of financial security of the state depends on the change in the levels of industrial and macroeconomic security. The main priorities for strengthening national financial security in the context of minimizing the influence of the shadow economy are outlined, and in particular, a set of measures is proposed that will contribute to minimizing the share of the shadow sector and stimulate the growth of the level of national financial security. The main effective elements of the mechanism for ensuring financial security have been identified, such as: objective and comprehensive monitoring of the economy, and especially its financial sphere, with the aim of identifying and forecasting internal and external threats to the interests of financial security objects, calculation of threshold, marginally permissible values of financial and social - economic indicators, the excess of which can provoke financial instability and a financial crisis, state activity to identify and prevent internal and external threats to financial security. A set of measures is proposed to increase the level of the main components of financial security and indicators of the state's economic security, which are substantiated by the construction of a correlation-regression model, as well as the main guidelines for strengthening national financial security are defined, which will allow to significantly increase the level of financial security of Ukraine, provided that support is provided on the legislative, executive, power levels.

Research papers

Voitsekhivska S., Podyk S., Butkevych T. The Influence of the Shadow Economy on the Financial Security of Ukraine in the Conditions of Informatization of Society. Journal of Information Technology Management. 2023. Vol. 15 (4). P. 1–17.

Войцехівська С. І., Давиденко Н. М. Офшоризація економіки в контексті забезпечення фінансової безпеки України. Підприємництво та інновації. 2022. № 22. С. 67–72.

Voitsekhivska S. Financial security as a strategic component of the economic security of Ukraine. Economics and Business Management. 2023. Vol. 14 (1). Р. 119–130.

Войцехівська С. І. Детінізація економіки як запорука фінансової безпеки держави. Економіка та суспільство. 2023. № 56. URL: https://www.economyandsociety.in.ua/index.php/journal/article/view/2957.

Voitsekhivska S. Systemic relationships of debt security in the conditions of financial globalization. Economics and Business Management. 2023. Vol. 14 (4). Р. 119–130.

Voitsekhivska S. Analysis of financial security of Ukraine. Financial and economic security strategy of Ukraine: threats, trends and prospects: Monograph. 2023. Р. 176–184.

Files

Similar theses